5 June 2019Insurance

Geopolitical risk is top political concern for risk managers

More than any other mega trend, Airmic members identified geopolitical tensions as becoming harder, or significantly harder, to manage over the next three years.

On the back of this, Willis Towers Watson has launched a geopolitical risk report: Understanding the external threats to an organisation in conjunction with Airmic at its annual conference.

Geopolitical risk—emanating from the interaction between geography, policy and the economy—is at the forefront of global risks facing today’s businesses. The Willis Towers Watson report helps risk managers to break down the risks, understand their interconnectivity and develop the most effective response.

Alastair Swift, head of corporate risk and broking, GB, said: “With geopolitical uncertainty dominating news headlines around the world daily and the expectation that things will only get worse before they get better, it is top of mind in the boardroom.

“At Willis Towers Watson we have established an integrated geopolitical solution which can be tailored for clients to help risk managers navigate through the disruption caused by geopolitical issues.”

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